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LRCX Stock Chart & Stats
$314.66
-$14.57(-4.56%)
At close: 4:00 PM EDT
$314.66
-$14.57(-4.56%)
Day’s Range― - ―
52-Week Range$135.50 - $438.50
Previous CloseN/A
Volume9.28M
Average Volume (3M)8.87M
Market Cap
$340.64B
Enterprise Value$474.69B
Total Cash (Recent Filing)$5.58B
Total Debt (Recent Filing)$4.12B
Price to Earnings (P/E)45.6
Beta2.04
Next Earnings
Oct 21, 2026EPS Estimate
2.18Next Dividend Ex-DateN/A
Dividend Yield0.41%
Share Statistics
EPS (TTM)5.79
Shares Outstanding1,251,424,300
10 Day Avg. Volume8,337,268
30 Day Avg. Volume8,873,310
Financial Highlights & Ratios
PEG Ratio1.83
Price to Book (P/B)41.35
Price to Sales (P/S)22.20
P/FCF Ratio105.44
Enterprise Value/Market Cap1.39
Enterprise Value/Revenue20.43
Enterprise Value/Gross Profit40.48
Enterprise Value/Ebitda54.54
Forecast
1Y Price Target
$401.68Price Target Upside27.66% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering24
EPS Forecast (FY)9.53
Revenue Forecast (FY)$35.04B
Bulls Say, Bears Say
Bulls Say
Revenue Growth And ProfitabilityThe strong revenue rebound and consistently high profitability indicate substantial earnings power and customer demand for Lam’s manufacturing equipment. Healthy margins can support research, service expansion, and investment through the semiconductor cycle, strengthening the company’s ability to compound over several quarters.
Improving Balance SheetLower debt alongside expanding equity improves financial flexibility and reduces the burden of leverage during industry downturns. A healthier balance sheet gives Lam more capacity to fund technology development, support customers, and pursue strategic opportunities without relying as heavily on external financing.
Strong Cash GenerationSubstantial operating and free cash flow demonstrates that reported profitability is generally backed by cash generation. This supports ongoing investment in products and customer services while providing resources for shareholder returns and resilience when semiconductor spending becomes less predictable.
Bears Say
Semiconductor Cycle ExposureLam’s equipment sales depend on customers’ capital spending and technology transitions, so demand can contract sharply when chipmakers defer or reduce investment. The 2024 revenue decline shows that strong margins do not eliminate cyclical exposure, creating potential variability in future growth.
Free Cash Flow VolatilityThe sizeable free-cash-flow decline indicates that cash conversion can weaken even while revenue grows, reflecting greater reinvestment needs or working-capital swings. Persistent volatility could constrain capital allocation and make internally funded expansion less predictable across the semiconductor cycle.
Board Governance TransitionThe planned retirement of two directors represents a meaningful change in Lam’s governance composition, particularly because Cannon had 16 years of board service and chaired the nominating and governance committee. Continuity of oversight and technology expertise therefore warrants monitoring during the transition.
Lam Research News
LRCX FAQ
What was Lam Research’s price range in the past 12 months?
Lam Research lowest stock price was $135.50 and its highest was $438.50 in the past 12 months.
What is Lam Research’s market cap?
Lam Research’s market cap is $340.64B.
When is Lam Research’s upcoming earnings report date?
Lam Research’s upcoming earnings report date is Oct 21, 2026 which is today.
How were Lam Research’s earnings last quarter?
Lam Research released its earnings results on Jul 29, 2026. The company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.687 by $0.133.
Is Lam Research overvalued?
According to Wall Street analysts Lam Research’s price is currently Undervalued.
Does Lam Research pay dividends?
Lam Research pays a Quarterly dividend of $0.33 which represents an annual dividend yield of 0.41%. See more information on Lam Research dividends here
What is Lam Research’s EPS estimate?
Lam Research’s EPS estimate is 2.18.
How many shares outstanding does Lam Research have?
Lam Research has 1,251,424,300 shares outstanding.
What happened to Lam Research’s price movement after its last earnings report?
Lam Research reported an EPS of $1.82 in its last earnings report, beating expectations of $1.687. Following the earnings report the stock price went up 17.979%.
Which hedge fund is a major shareholder of Lam Research?
Currently, no hedge funds are holding shares in LRCX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Lam Research Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$401.68 (27.66% Upside)
$401.68 (27.66% Upside)
Blogger Sentiment
Bullish
LRCX Sentiment 88%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.2%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Bullish
Bullish news 73%
Bearish news 27%
Bearish news 27%
Technicals
SMA
Positive
20 days / 200 days
Momentum
93.24%
12-Months-Change
Fundamentals
Return on Equity
66.97%
Trailing 12-Months
Asset Growth
10.23%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Lam Research
Lam Research Corporation is a prominent supplier of equipment vital for semiconductor processing, encompassing its design, production, sales, repair, and ongoing maintenance. These sophisticated systems are fundamental for the creation of integrated circuits. The company's extensive product catalog features a variety of deposition technologies. For tungsten metallization, they provide ALTUS systems that deposit conformal films. SABRE products excel in electrochemical deposition, crucial for copper interconnect transitions and enabling copper damascene manufacturing. SOLA utilizes ultraviolet thermal processing for film treatments, while VECTOR delivers plasma-enhanced chemical vapor deposition (CVD) and atomic layer deposition (ALD) solutions. Furthermore, SPEED addresses gapfill applications with its high-density plasma CVD products, and Striker is engineered for single-wafer atomic layer deposition of dielectric films. Beyond deposition, Lam Research offers a comprehensive suite of etching tools. Flex is designed for dielectric etch applications, Kiyo handles conductor etch processes, Syndion specializes in through-silicon via etching, and Versys metal products are used for metal etch processes. The company's offerings also extend to specialized solutions like Coronus, which enhances die yield through bevel cleaning. For various wafer cleaning requirements, Lam Research supplies multiple product lines, including Da Vinci, DV-Prime, EOS, and SP series. Additionally, Metryx mass metrology systems provide precise, in-line mass measurement capabilities for semiconductor wafer manufacturing. Lam Research serves the global semiconductor industry, distributing its technologies and services across the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and other international markets. Established in 1980, the company maintains its corporate headquarters in Fremont, California.
LRCX Company Deck
LRCX Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong top-line growth, record deposits and profitability, rapid product and international expansion (Robinhood Chain, Trump Accounts, banking, credit card, prediction markets), and disciplined expense management. Several notable execution risks and open items remain — most importantly regulatory uncertainty for on‑chain tokenization and U.S. perps, early-stage friction for Agentic Trading, and month-to-month variability in net deposits and crypto activity. On balance, the positive operational and financial momentum along with sizable product and geographic expansion opportunities outweigh the listed challenges.View all LRCX earnings summariesLRCX Revenue Breakdown
64.07% Systems Revenue
35.93% Customer support-related revenue and other

LRCX Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$401.68
▲(27.66% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
0.28% Insiders
20.83% Mutual Funds
0.79% Other Institutional Investors
45.82% Public Companies and Individual Investors













